Re:I.R.S. Warns States Not to Circumvent State and Local Tax...
by einarvollset on Wednesday May 23, 2018 @11:01PM
(#17140733)
You can certainly convincingly argue that, but to retain a coherent argument you also now need to tell me how it’s egalitarian that all the states hit by this overwhelmingly contribute more to federal tax coffers per capita (and hence are subsidizing) the states where the $10k cap will have no impact.
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Re:I.R.S. Warns States Not to Circumvent State and Local Tax...
by dahdum on Wednesday May 23, 2018 @11:31PM
(#17140873)
Same reasoning actually, they contribute more because they have more. Federal income tax is per person and progressive, so states with wealthier residents will always pay more.
Even a flat tax wouldn't change that.